Indian PV manufacturer Waaree Energies has bagged an EPC and module supply contract for a 60MW(AC) solar project in Khanh Hoa province, Vietnam, in association with an unnamed large-scale solar provider.
Having set up an office in Vietnam, this is Waaree’s first project in Southeast Asia. It will be supplying its high efficiency mono-crystalline modules for the plant, which has now been approved by monopoly utility EVN and will benefit from the Feed-in tariff subsidy.
Sunil Rathi, director, sales and marketing, Waaree Energies, said: “Waaree Energies has been a preferred EPC player in India, and is committed towards making solar energy affordable and accessible. We plan to extend this commitment globally and are actively looking at opportunities that aid transition to solar power. We already have a pipeline of 100MW to be executed in next six months internationally and 250MW domestic.
Waaree Group has 1.5GW of module manufacturing capacity in India, having recently expanded by 1GW in Gujarat.